Twitter and Square CEO Jack Dorsey has reiterated that Bitcoin and Blockchain technology is the future of his micro-blogging platform to keep it more secure from hackers.
In 2019, Dorsey announced a a non-profit platform Bluesky for developing a decentralized and open social media standard.
During the Oslo Freedom Forum 2020, held virtually, the CEO last Friday said that Bitcoin and blockchain indicate a world where the content would live forever, adding that they were not in a content hosting business anymore, but rather in the discovery business.
“Blockchain and Bitcoin point to a future, point to a world, where content exists forever. We’re not in the content hosting business anymore, we’re in the discovery business,” the Square CEO said.